Subsequent to the transaction, the companies will work under the name Officine Cargotec Ferrari. The companies will focus on developing the service offering towards container and material handling customers in Italy. Through the acquisition the companies will be able to offer a wide range of services related to both CVS and Kalmar equipment, as well as third party equipment.
Cargotec improves the efficiency of cargo flows by offering handling systems and the related services for the loading and unloading of goods. Cargotec’s brands, Hiab, Kalmar and MacGREGOR, are leaders in their fields and their solutions are used on land and at sea.